The percentage of the total loan paid back immediately when a mortgage loan is obtained, which lowers the annual interest rate on the debt, is called
A) discount points.
B) loan terms.
C) collateral.
D) down payment.
A
Business
You might also like to view...
The best reason for a buyer to obtain title insurance is
A) that the mortgage lender requires it. B) to ensure that the seller can deliver marketable title. C) to ensure that the abstractor has prepared a complete summary of title. D) to pay future liens that may be filed.
Business
What is a "buffer zone" in the context of live entertainment?
What will be an ideal response?
Business